America's Truckin' Network

The Bureau of Economic Analysis issued the third and final estimate of the 2nd Quarter Gross Domestic Product, Personal Consumption Index, and Consumer Price Index, which it tells and doesn't tell us. West Coast ports' volumes surge; why and what that tells us about the economy. Oil prices react to a report that Saudi Arabia will give up its $100 per barrel price target in preparation for raising...

American Trucking Associations releases the August For-Hire Truck Tonnage Index, up or down? September Consumer Confidence Index released, a good sign or bad sign? U.S. weekly jobless claims released, sizzling or fizzling? How are oil prices being affected by worries over supply disruptions in Libya, China's latest stimulus plans trying to boost their economy, falling U.S. crude inventories and in...

U.S Department of Transportation praises trucking's efforts in new trafficking report. Amazon boosts warehouse worker pay. Southern California August cargo volumes reported, up or down? Another union threatens to strike, which could lead to suply chain disruptions and possible shortages of consumer products. Oil reacts to reports that China has announced the biggest real estate stimulus package an...

Teamsters release Presidential endorsement polling data—wow! My thoughts. The August U.S. Trailer orders report was released. Attention is turning to lower-than-normal U.S. Crude oil supplies, significantly since the Strategic Petroleum Reserves were depleted in 2022. Oil reacts to the Fed rate cut, but... the Bank of England holds interest rates at 5.0%, rising tensions in the Middle East and wea...

Kevin discusses the Federal Reserve's interest rate cut. August Medium-Duty Truck sales report released, good news or bad news? How Israel planted explosives in thousands of Hezbollah pagers. Chinese Refineries go bankrupt, what does this tell us about China's economy? Which Industries perform best and worst after interest rate cuts? How oil prices reacted to falling U.S. crude stocks, gasoline an...

As an opponent of climate emergency hysteria, I find it ironic that Hurricane GORDON has been named, given its current status. Based on past statements by Federal Reserve Chairman Jerome Powell and his criteria for interest rate cuts, any cuts will be more politically motivated than "...to promote the stability and efficiency of the U.S. economy and financial system." Due to weak August economic d...

Kevin's thoughts on the second assassination attempt on Donald Trump. Economists looking forward to the Federal Reserve possible interest rate cut; will it happen? Super Harvest Moon lunar eclipse tonight, best time to view. Goldman Sachs CEO David M. Solomon "scorches Kamala Harris for turning a report from an independent analyst into 'something that's bigger than what it was intended to be.' Oil...

Consumer Price Index (CPI) report was released. The Stock Market, Oil Market, businesses, etc. were looking for this final piece of the puzzle as to whether and how much the Federal Reserve will cut interest rates. Did this report support or undermine interest rate cuts? Kevin takes a look at various items in the CPI, which prices are up, which are down. A liberal news organization commits journal...

Kevin's take on the Trump vs. Harris debate. Kevin talks about the 23rd anniversary of 9/11/2001. Hero truck drivers surround a school bus during a shooting on the highway. Volkswagon deals with Chinese imports. Volvo reverses the EV push, and oil reacts to decrease the oil demand: Tropical Storm Francine and the weak Chinese economy. See omnystudio.com/listener for privacy information.

Kevin takes a look at last Friday's Jobs report, the not so good, the bad and the ugly. Drilling down into the jobs report, an increasing shift from full time to part time and which sectors added jobs and which sectors lost jobs. There has been a significant shift between native-born workers and "foreign-born" workers. Volkswagen is considering closing factories in Germany for the first time in it...

Americas Commercial Transportation Research releases Used Class 8 Retail Summary for July: what trends does it show, does it provide optimism going forward and how is inflation, unknown timing of interest rate reduction and lagging freight rates affecting sales. On the heels of a truck driver pay report earlier this week the American Trucking Associations (ATA) releases their Driver Compensation S...

Tuesday morning, I covered the Trucking industry reacting to the DEA proposal to downgrade marijuana. Some are now taking about whether this will become a "potent" political issue during the November presidential election. The Federal Reserve's preferred inflation gauge, The Core Personal Consumption Price Index (PCE) report has been released; what this means regarding potential interest rate cuts...

Kevin looks at the Fleet Intel Report Qtr. 2 Driver Pay Trend Tracker Report. Huge shipping company files for Chapter 11. Where have all the hurricanes gone? How the possible restart of Libyan crude oil production and exports, the weaker-than-expected Chinese manufacturing Purchasing Managers Index, the expected increase in the U.S. Summer driving season failure to materialize, and the sluggish Eu...

Trucking organizations reacted to the DEA Proposal, downgrading marijuana from a Schedule 1 to a Schedule III Controlled Substance Act violation. Crude oil prices responded to light trading due to the Labor Day holiday, oil exports at major Libyan ports halted, OPEC and OPEC+ plans to increase oil output in October, and evidence that China's economy is not recovering as expected with the report th...

Shout out to truckers who will be working over this holiday weekend. California Trucking Association ends AB 5 (eliminating independent contractors) legal challenges. Oil Change International issues report claiming Countries are preparing to waste hundreds of billions of dollars on Carbon Capture technology. The Guardian mocks Climate Change stupidity. Biden-Harris Administration doles out $400 bi...

Kevin discusses the Consumer Confidence Index released on Tuesday. Because of a bill signed into law by Gov. Tim Walz, in 2023, Minnesota fuel taxes to jump in 2025 through 2027. A new fuel analysis by the Tax Foundation shows the states with the highest to the lowest diesel and gas TAXES. Estes acquires 7 leased terminals previously operated by bankrupt Yellow Corp. Crude oil prices react to a sm...

Durable goods orders report released, good news or bad news? Another merger/acquisition involving companies servicing the trucking industry. Additional information involving Ford's EV division. Fire breaks out at Illinois EV manufacturing facility. GM lays off 1,000 employees, which division and why. Surface temperature of the Atlantic Ocean is changing at a rapid rate, nobody seems to know why; h...

Kevin's take on the final night of the DNC Convention. During Federal Reserve Chairman Jerome Powell's speech at the annual Jackson Hole Wyoming conference said “The time has come for policy to adjust...” does that mean interest rates will be cut in September or not? Robert F. Kennedy, Jr. endorses Donald Trump and will be part of the campaign; what does that signal? Some are hinting at $3.00/gal...

Federal Reserve meeting minutes released, what does it say about the timing of interest rate cuts. Bureau of Labor Statistics' (BLS) "preliminary annual benchmark review" of employment data indicated the largest adjustment in 15 years! Was it up or down? Ford makes a major decision regarding EV SUVs and next generation electric pickups. Oil reacts to the BLS jobs data, falling U.S crude oil stocks...

American Trucking Associations (ATA) celebrates rejection of tax proposal. U.S. Leading Indicators index released - what are they and what do they mean. ATA July For-Hire Truck Tonnage Index released, what does it tell us. U.S. Job Growth far less than reported, not a surprise to listeners of ATN. How are crude oil prices reacting to easing Middle East supply concerns and economic weakness in Chin...

Kevin's thoughts on Day 1 at the DNC. Near historic levels of bankruptcy and liquidations in the first half of 2024. Two historic companies are victims of the current economy. Giant shipping firm faces liquidation, ripple effect will be felt throughout the industry. Oil reacts to mid-east peace talks, China's economic problems and escalation of the Russian-Ukraine war. See omnystudio.com/listener...

We look at the U.S. retail sales of medium-duty trucks report. Layoffs are not just happening in the trucking industry; we look at major layoffs in the Media and Tech industries. More layoffs in the trucking industry. How the U.S. retail sales report, a new round of Gaza ceasefire talks, Ukraine's counterattack into Russian territory, and China's spotty economic recovery are affecting oil prices....

The Labor Department released the July Consumer-Price Index, Kevin drills down into the numbers for the specifics. Takeaways from The Bureau of Labor Statistics regarding the Truck Transportation and Warehouse/Storage jobs. Oil reacts to an unexpected rise in crude oil inventories, easing worries of a wider Middle East conflict threatening production, reduced estimates of crude oil demand and the...

Kevin talks about July Class 8 truck sales and Class 8 truck orders; what that means for the industry. US Labor Department released the July Producer Price Index, how will this affect the Federal Reserve's decision on interest rates next month. We look at the Truck Transportation and Warehousing/Storage jobs report. Oil reacts to Iran hinting that it may not retaliate against Israel, OPEC lowering...

ATN ahead of the curve once again! "It ain't braggin' if you can do it." A couple of stories we've covered, a week and a few days respectively before anyone else. They claim inflation has slowed, we just don't appreciate it yet. Acquisition news involving Ryder, 7 Logistics Companies and Estes. Oil reacts to Iran's threats on Israel, US sending a guided missile submarine to the Middle East, the co...